Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 2,320/mt ($358/mt) |
- RMB 30/mt (- $7/mt) |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 156,500/mt ($24,172/mt) |
- RMB 8,000/mt (- $1,387/mt) |
Ex-works |
The local Chinese market price includes 13 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.4744
Source: Steelhome